The competition in the mutual fund industry is set to intensify further with market regulator Securities and Exchange Board of India (SEBI) considering nine entities that have evinced interest in this business.
Some of the new age financial services firms that had applied include Emkay Global Financial Services, Angel One, Abira Securities, PhonePe, Helios Capital, Alchemy Capital Management, Abira Securities, Capitalmind, Old Bridge Capital Management, Unifi Capital and Wizemarket Analytics.
